Petrobras chairman Mendes resigns, moves to Brazil's oil regulator

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Petrobras (NYSE:PBR [https://seekingalpha.com/symbol/PBR]) said Wednesday that Chairman Pietro Mendes has resigned [https://www.reuters.com/business/energy/petrobras-chairman-resigns-take-position-brazils-oil-regulator-2025-08-20/] from the position and from his seat on the state-run company's board.

Mendes will become a director at Brazil's ANP oil and gas regulator, after the Senate approved his nomination earlier this week.

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